Legal Profit Review

Another way to profit in the Binary Options trading that is being automated with Legal Profit. Although trading in the currency is an investment, but it is different from other investments such as PAMM accounts (account management model specific percentage) or as an investment funds in the project management accounts.

The automated trading is that the essence of rolling opens with a trading account Binary Options brokers, and through a mechanical handling connected platform calculates another professional trader is copied all rolling trades automatically to non-professional investor professional trading account.
The manner of such investment has a lot of advantages and disadvantages but quite a few also.

How it works automated Binary Options trading?

Generally we can divide the system into four main sections.

Legal Profit professional (or who believe they are as well):

And they are the owners of long experience in the currency market, which accounts related to social trading systems and their signals are copied to the investors’ accounts.

Automated trading platform (social trading network):

And it is an independent company and is the backbone or main axis linking the automated trading system. These platforms offer the possibility of an organized search and find professional traders and organize technical ways to transfer signals from traders (signal providers) to Legal Profit brokers and who in turn pass on signals to investors.

Realtors:

And companies that are traded by investors open accounts, those accounts that receive trading signals from professional traders.

Investors:

And it is the last series, which receives signals their accounts.

As I said previously, the key to this system is automated trading platform which gathered investors and traders with Legal Profit brokers in a single trading network.

The most prominent characteristics of the automated trading system is the ability to collect professional traders with investors who use brokers Binary Options different and thus increases the potential number of subscribers who are able to connect to the Internet trading social one.

Automated trading features

The absence of non-deliberative risk

The investor to deposit all his money in a special account at trading Legal Profit broker trust in it. It is full to the investor the ability to close any or all dealings at any time and at our sole discretion and even withdraw money from his account if he wants to.

The ability to adjust the risk management system to control the size of the deal

The investor has the ability to copy any trading signals and adjust the size of the contract risk at a level that wants to level.
In automated trading systems, the investor can control the level of risk to increase or decrease the load on the deposit level, and thus turn circulate any trader to low-risk investment opportunities signals or vice versa, just to control the size of the copied deliberative activity.

The ability to copy trading signals from different signal providers at the same time

After opening a trading account, the investor gets the opportunity to connect to any number of signal providers to diversify the risk of investment portfolio.

Automated trading defects

Lack of motivation among rolling for a profit for the investor

This is one of the biggest problems in the automated trading system. In fact, most are based on the rolling (Signal) provider does not get any percentage of profits that accrue to the investor, but gets a fixed percentage to just connected investors without taking any consideration of the results of Legal Profit systems.

In this way, there is no incentive for traders to lock in profits for investors. Only, traders cares to have a good trading statistics to attract more investors and get more money in the form of fees. Investors will not copy the owner did not show signs of good trading results.
In fact, it seems that most traders tend to choose trading plans require a lot of deliberative activities and thus increase their profits in exchange for obtaining a vehemence Subscribe abound in vehemence and fees they receive. Even traders who have a profitable trading plan may do additional transactions not only increase unnecessary fees; and this leads to more profits to the trader and less profit for the investor.

Mechanical failure

Automated systems rely on Legal Profit software and a number of other systems and in spite of these systems stable that does not mean they are infallible.

Surveillance

While the automated Legal Profit systems automatically a lot of work but still need to control in order to verify that everything is working properly.

Legal Profit Excessive be optimized

Excessive that is optimized not only be automated Binary Options system – a lot of systems can be overly optimized problem. Traders can create using the test trading systems that looks great in theory, but weak performance in actual market conditions. Excessive be optimized for the change is excessive trading plan so that results from this, the system can not be relied upon in actual trading….